Prime Minister Cameron Announces Initiatives to Improve Transparency on Property Owned by Foreign Companies

On July 28, 2015, speaking in Singapore British Prime Minister David Cameron announced an initiative to prevent corrupt offshore companies from using the UK property market to launder “dirty money”. Cameron announced that , as a first step, he has “asked the Land Registry to publish this autumn data on which foreign companies own which land and property titles in England and Wales. This will apply to around 100,000 titles held on the Land Register and will show for the first time the full set of titles owned by foreign companies.”